GBPUSD OUTLOOK - On the sideline at the moment
#GBPUSD price had initially broken the descending trend ling from previous double top at around 1.42504. This price rally was stopped short at 1.37488 by the 200 day MA. Currently, price is again bellow the descending trend line. I’m on the sideline at the moment until price break bellow my reference price @1.34305 on daily close. Bellow 1.34305 price level, 1.3200 would be exposed.